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Thimm Group reports positive sales balance in fiscal year 2020

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Thimm Group reports positive sales balance in fiscal year 2020
Mathias Schliep, source: Thimm Group

The Thimm Group ended the 2020 financial year with a very solid result, despite the challenges posed by the coronavirus. Turnover only slightly decreased to €605 million (2019: €623 million). Operating profit EBITDAR before special expenses also declined slightly from €57.5 million to €56.7 million. The company invested a total of €27.7 million in the reporting year, despite the coronavirus pandemic, which was allocated mainly to the expansion of plants in the Czech Republic, Romania, and…

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